5 Top-Ranked Sector ETFs to Buy in June
==========
Wall Street has been on a remarkable rally so far this year, with all three major indices near record highs. Earnings grew 6% in the first quarter of 2024, the highest growth rate seen in nearly two years. The U.S. economy is back on course for another solid GDP gain in the second quarter. Consumer confidence increased in May after three months of decline. Over the past two weeks, three equity strategists have boosted their year-end targets for the S&P 500. However, uncertainty about the timing of Fed rate cuts will weigh on investors' sentiment. The latest data from the Institute for Supply Management showed that U.S. manufacturing contracted in May for the 18th time in 19 months. Investors could be well served by ETFs from sectors that house the top-ranked industries. The top 5 sectors to consider are Construction, Consumer Staples, Materials, Industrials, and Aerospace and Defense.
#WallStreet #Indices #Earnings #Gdp #ConsumerConfidence #S&p500 #FedRateCuts #UsManufacturing #Investors #Etfs #Sectors #Construction #ConsumerStaples #Materials #Industrials #AerospaceAndDefense
https://markets.businessinsider.com/news/stocks/5-top-ranked-sector-etfs-to-buy-in-june-1033451102
Markets Insider /
npub1sm4…d5sv
2024-06-04 23:40:26
Author Public Key
npub1sm4vnv0vjzhsm765643gdstj23qkc6jgu7vvax8fepa0z4skqjaqsfd5svSeen on
wss://relay.damus.ioPublished at
2024-06-04 23:40:26Event JSON
{
"id": "154df8e0eb0aa00758d6fec9d0059cbd4f4168ee44ba4e5643d886ee0ea070f4",
"pubkey": "86eac9b1ec90af0dfb54d56286c17254416c6a48e798ce98e9c87af1561604ba",
"created_at": 1717537226,
"kind": 1,
"tags": [],
"content": "5 Top-Ranked Sector ETFs to Buy in June\n==========\n\nWall Street has been on a remarkable rally so far this year, with all three major indices near record highs. Earnings grew 6% in the first quarter of 2024, the highest growth rate seen in nearly two years. The U.S. economy is back on course for another solid GDP gain in the second quarter. Consumer confidence increased in May after three months of decline. Over the past two weeks, three equity strategists have boosted their year-end targets for the S\u0026P 500. However, uncertainty about the timing of Fed rate cuts will weigh on investors' sentiment. The latest data from the Institute for Supply Management showed that U.S. manufacturing contracted in May for the 18th time in 19 months. Investors could be well served by ETFs from sectors that house the top-ranked industries. The top 5 sectors to consider are Construction, Consumer Staples, Materials, Industrials, and Aerospace and Defense.\n\n#WallStreet #Indices #Earnings #Gdp #ConsumerConfidence #S\u0026p500 #FedRateCuts #UsManufacturing #Investors #Etfs #Sectors #Construction #ConsumerStaples #Materials #Industrials #AerospaceAndDefense\n\nhttps://markets.businessinsider.com/news/stocks/5-top-ranked-sector-etfs-to-buy-in-june-1033451102",
"sig": "aa32122cfed39781e5fc4b067b43c7436b64e2a555026882449f96d0a448a6a2cdfcf5fa6e5920725e5c4fdc1478f012ca7aa4adb92c4bd2f4fcfc6c5f2e80ba"
}